Unveiling the Untapped Potential of the AI Revolution: A New Wave of Opportunities
Hello, Reader.
The First Winners of the AI Boom
Artificial intelligence has been a game-changer since its inception in the 1950s. However, it wasn’t until OpenAI’s ChatGPT hit the scene in November 2022 that AI truly captured the public’s attention. The response was overwhelming, with over 1 million downloads in five days and 100 million sign-ups in just two months. This rapid adoption far outpaced even social media giant Facebook’s growth trajectory.
In 2023, seven standout companies emerged as the leaders of the AI Revolution, earning the moniker of the "Magnificent Seven" from CNBC’s Jim Cramer. These companies, including Nvidia Corp. (NVDA), Microsoft Corp. (MSFT), Alphabet Inc. (GOOGL), Amazon.com Inc. (AMZN), Tesla Inc. (TSLA), and Meta Platforms Inc. (META), played pivotal roles in enabling the AI Revolution. Nvidia, in particular, saw an impressive surge of 239% in 2023, showcasing the immense potential of AI-focused companies.
The Next Winners of the AI Boom
As the AI Revolution evolves, a new wave of opportunities is on the horizon. While the initial phase was dominated by AI enablers, a shift is occurring towards AI appliers – companies integrating AI technology into their products and services. This diverse group of companies, such as Coty Inc. (COTY), Ivanhoe Electric Inc. (IE), and Rockwell Automation Inc. (ROK), may not fit the traditional tech mold but are poised to capitalize on the next phase of AI innovation.
This upcoming phase, dubbed AI Day One, represents a significant advancement in artificial intelligence, enabling companies of all industries to leverage AI for enhanced efficiency and profitability. While not all AI appliers will achieve the same level of success as the AI Seven, the potential for growth and innovation is vast.
To navigate this dynamic landscape, Louis Navellier, Luke Lango, and I are unveiling the AI Appliers Portfolio, a carefully curated selection of stocks primed to soar in the era of AI Day One. This special opportunity demands swift action, as the pace of AI development shows no signs of slowing down.
Prepare yourself for the future of AI – join us in exploring the possibilities of the AI Appliers Portfolio and positioning yourself for success in this rapidly evolving market.
Regards,
Eric Fry
Editor, Fry’s Investment Report
For those unfamiliar with the financial world, the AI Revolution represents a pivotal moment in technological advancement that transcends traditional boundaries. While the initial phase saw the rise of AI enablers, the upcoming wave of AI appliers offers a new realm of opportunities for companies across various industries. By identifying and investing in these emerging players, individuals can position themselves to capitalize on the transformative power of artificial intelligence and secure their financial future.